Cost of Living in Vincennes, IN
Housing
The housing market plays a significant role in determining the cost of living in Vincennes, IN.
- Housing Index: 85.0 / 100
- Median Home Price is: $153,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
Considering a move to Vincennes, IN? The housing index of 85.0 suggests a relatively affordable market, making it a favorable environment for potential buyers and renters alike. With a median home price of 153000 and average rents of 1200 for a 2BR apartment and 1360 for a 2BR house, this area offers great opportunities for homeownership and rental income. Furthermore, lower cost of living and access to amenities could enhance your lifestyle here, making it an attractive option for families and professionals.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Vincennes, IN.
- Electricity Price: $14.89 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Vincennes, IN could entail higher utility costs. Electricity costs sit at $14.89, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Vincennes is a financially viable option for your relocation.